Followed my previously published trading plan & exited at $4.41 as I think stock markets are in for a rough ride leading into US elections. China has been buying grain from Argentina as well Canada and elsewhere. If I was running the show I would be putting a levy on Iron Ore exports to pay for the wool they stole from us years ago.
There will be plenty of Oz grain to sell, just need good prices and markets to sell into. GNC is a volatile stock so expect to get a favourable reentry point at some point in time. Nothing wrong with taking a profit and preserving capital imo.
GNC Price at posting:
$4.33 Sentiment: Hold Disclosure: Not Held
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